Crushing Equipment Market - Top 3 Segments by Technavio
October 19 2017 - 12:23PM
Business Wire
According to the latest market study released by
Technavio, the global crushing equipment market is expected
to generate revenue of around USD 4,623 million by 2021.
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Technavio has published a new report on
the global crushing equipment market from 2017-2021. (Graphic:
Business Wire)
This research report titled ‘Global Crushing Equipment Market
2017-2021’ provides an in-depth analysis of the market in terms of
revenue and emerging market trends. This report also includes an up
to date analysis and forecasts for various market segments and all
geographical regions.
This report is available at a USD 1,000 discount for a
limited time only: View market snapshot before purchasing
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The market research analysis categorizes the global crushing
equipment market into the following types of crushing equipment.
They are:
- Jaw Crusher
- Roller Crusher
- Cone Crusher
- Others
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The top three revenue-generating segments are discussed
below:
Global crushing equipment market by jaw crushers
Jaw crushers are used to crush materials that are soft or very
hard, without any abrasion limits. These crushers are also called
universal crushers as they can be used in multiple sectors, such as
heavy mining, quarrying, and recycling. Jaw crushers have multiple
user segments as they can crush a variety of materials of different
shapes and sizes with a high reduction ratio of up to 5:1. In 2016,
the jaw crushers segment accounted for around 42% of the total
market share.
According to Gaurav Mohindru, a lead analyst
at Technavio for construction research, “Innovation and
technological advances in this market segment, such as the
increased crushing rate of materials is promoting the wide adoption
of jaw crushers across various industries. The vendors are
launching new models, which can crush more materials per hour, thus
increasing productivity and providing a uniform product. Factors
such as long shelf life, high productivity, cost-effectiveness,
flexibility, easy maintenance, and convenient replacement of spare
parts will fuel the demand for jaw crushers in the market.”
Global crushing equipment market by roller crushers
The roller crushers segment in the crushing equipment market
occupied close to 20% of the total market share in 2016. The roller
crusher uses compression technology to reduce the particle size.
This equipment provides finely crushed particles and produces very
little dust. Roller crushers are used for crushing mineral ores
where ores are not highly abrasive. Coal plants are the biggest
users of roller crushers in the mining industry. Roller crushers
are used in the production of metal ores, such as gold, in small
quantities.
“As roller crushers are used mainly for
mining and quarrying activities, the increase in the number of
mining activities in APAC will help in the growth of this market
segment,” says Gaurav.
Global crushing equipment market by cone crushers
Cone crushers are used to crush medium hard to very hard
materials and have a reduction ratio of 3:1 to 5:1. These crushers
are also used for a variety of ores and rocks and offer various
advantages such as easy adjustment, high productivity, reliable
construction, and low operational costs. The equipment is primarily
used for quarried materials in mining and producing sand and
gravels from rocks for construction purposes. In the coal mining
industry, cone crushers are a better alternative to roller crushers
because of their better and efficient crushing capabilities.
The top vendors highlighted by Technavio’s market research
analysts in this report are:
- Eagle Crusher Company
- Metso
- Sandvik
- Terex
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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
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